Home/Filings/4/0001593968-23-000549
4//SEC Filing

McDaniel Jerry L. 4

Accession 0001593968-23-000549

CIK 0001466026other

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 2:30 PM ET

Size

20.7 KB

Accession

0001593968-23-000549

Insider Transaction Report

Form 4
Period: 2023-03-31
Transactions
  • Exercise/Conversion

    Restricted Stock Unit

    2023-03-31$21.42/sh1,664$35,6430 total
    Common Stock (1,664 underlying)
  • Award

    Common Share Equivalent

    2023-03-31$26.06/sh+377.245$9,83131,086.606 total
    Common Stock (377.245 underlying)
  • Exercise/Conversion

    Common Stock

    2023-03-31$21.42/sh+1,664$35,6431,664 total
Holdings
  • Common Stock

    (indirect: By LLC)
    13,000
  • Common Stock

    (indirect: By Trust)
    89,283
  • Common Stock

    (indirect: By Daughter)
    2,660
  • Common Stock

    (indirect: By Son)
    3,360
  • Depositary shares

    (indirect: By Trust)
    20,000
  • Common Stock

    (indirect: By Daughter)
    2,660
  • Depositary shares

    (indirect: By Trust)
    20,000
  • Restricted Stock Unit

    Common Stock (2,060 underlying)
    2,060
Footnotes (9)
  • [F1]RSU with vesting schedule
  • [F2]RSU with RSU_DIR vesting schedule
  • [F3]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
  • [F4]Each common stock equivalent is the economic equivalent of one share of common stock.
  • [F5]Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter on common share equivalents held in the DDCP by the reporting person at the time such dividend was paid on the underlying shares, based upon closing price of the underlying shares on the last day of the quarter. Common share equivalents received for dividend reinvestments fully vested on the transaction date listed above and become payable upon termination of service as a director.
  • [F6]Represents restricted stock units acquired by the reporting person under the 2019 Long-Term Incentive Plan on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units vest on March 31, 2023 and vested shares will be delivered to the reporting person within 30 days of vesting.
  • [F7]No exercisable date for this type of award
  • [F8]No Expiration date for this type of award
  • [F9]Represents restricted stock units acquired by the reports person under the 2019 Long-Term Incentive Plan and deferred under the DDCP on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units will fully vest on March 31, 2020 and vested shares will be delivered to the reporting person based on the terms of the DDCP and the reporting persons distribution elections thereunder.

Issuer

Midland States Bancorp, Inc.

CIK 0001466026

Entity typeother

Related Parties

1
  • filerCIK 0001671605

Filing Metadata

Form type
4
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 2:30 PM ET
Size
20.7 KB